Thomas Scott India Ltd Faces Intense Selling Pressure Amid Consecutive Losses

Thomas Scott India Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past three days, culminating in a decline of 5.86% during this period. On the day, the stock fell by 1.99%, underperforming the Sensex, which saw a slight increase of 0.03%.
In terms of broader performance metrics, Thomas Scott India has struggled relative to the Sensex over various time frames. Over the past month, the stock has gained only 1.28%, while the Sensex has surged by 10.30%. More notably, the stock has plummeted by 32.78% over the last three months, contrasting sharply with the Sensex's modest gain of 3.61%. Year-to-date, Thomas Scott India has declined by 32.12%, while the Sensex has increased by 3.24%.

Despite its long-term performance showing substantial growth over three, five, and ten years, the recent trends indicate a troubling shift. The stock's current price is above its 200-day moving average but below its 5-day, 20-day, 50-day, and 100-day moving averages, suggesting a potential shift in market sentiment.